Euro-pessimists have argued that the euro is not successful, based on all of the following, EXCEPT:
A) linguistic barriers make labor migration difficult.
B) Maastricht Treaty rules have been largely abandoned.
C) the deficit surveillance program has been a success.
D) the lack of political support.
Ans: C) the deficit surveillance program has been a success.
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The unemployment rate measures the percentage of people in the labor force who can't find a job
Indicate whether the statement is true or false
Larry was accepted at three different graduate schools, and must choose one. Elite U costs $50,000 per year and did not offer Larry any financial aid. Larry values attending Elite U at $60,000 per year. State College costs $30,000 per year, and offered Larry an annual $10,000 scholarship. Larry values attending State College at $40,000 per year. NoName U costs $20,000 per year, and offered Larry a full $20,000 annual scholarship. Larry values attending NoName at $15,000 per year. Larry's opportunity cost of attending Elite U is:
A. $70,000 B. $20,000 C. $15,000 D. $50,000